UltraTech
Aditya Birla Group to double cement capacity to 200 million tonnes in 10 years
18 Nov 2024
The Aditya Birla Group is planning to expand its cement production capacity from 150 million tonnes at present to 200 million tonnes over the next 10 years.
UltraTech buys India Cement’s grinding unit, ups production capacity by 3 million tonnes
22 Apr 2024
Aditya Birla group company UltraTech Cement is acquiring a 1.1 million tonne grinding unit from India Cements for Rs315 crore. The acquisition of the grinding unit will add 3 million tonnes cement manufacturing capacity to UltraTech in Maharashtra - including 1.2 million tonnes at Parli and 1.8 million tonnes at Dhule.
UltraTech Cement set to acquire Kesoram's cement business in a Rs 5,379-crore deal
01 Dec 2023
UltraTech Cement Ltd. announced on Thursday, 30 November 2023, its plans to acquire the cement business of Kesoram Industries Ltd. in a significant all-stock transaction valued at Rs 5,379 crore.
Binani Cement lenders vote in favour of UltraTech offer
29 May 2018
UltraTech’s acquisition of Binani Cement will be subject to the Supreme Court’s ruling against the 15 May order of the National Company Law Appellate Tribunal that allowed lenders to consider UltraTech’s revised offer
Century Textiles to hive off cement business, sell it to UltraTech
21 May 2018
Aditya Birla Group firm UltraTech will acquire the cement business of BK Birla Group company Century Textiles and Industries through a share swap deal in which shareholders of Century Textiles will get one equity share of UltraTech for every eight equity shares held
NCLT orders Binani lenders to consider UltraTech offer
03 May 2018
The tribunal pointed out that while the UltraTech offer was not legally binding, nothing prevented the CoC from accepting a superior bid from UltraTech, which offered Rs1,022 crore more to the lenders
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